AXIS BANK Short Opportunity 30MTF based on 3 simple indicators

Indicators: Bollinger bands, 200EMA and RSI

Trade Conviction:
RSI strength is decreasing
IF price breaks down 5 days average price then only we can see good down move


Dear traders, I have identified chart levels based on my analysis,
major support & resistance levels. Please note that I am not a SEBI
registered member. Information shared by me here for educational
purpose only. Please don’t trust me or anyone for trading/investment
purpose as it may lead to financial losses. Focus on learning,
how to fish, trust on your own trading skills and please do consult your
financial advisor before trading.


Please do review, analyse and share your comments as well.
Let us work and win together. Wish you a very happy, healthy & profitable trading day ahead!

Disclaimer: I have analysed the data based on my limited knowledge.
I am not a SEBI registered member. Information shared here for educational purpose.
Please don’t trust me for trading as it may lead to financial losses.
Please consult your financial advisor before trading.